Leaders of the Democratic Party of Korea react to exit poll results showing them ahead in the general elections on April 10. If they do not look like they are bursting with joy, there is a reason for that.
Comment

South Korea's opposition faces three pitfalls after election win

Liberal opposition won big in legislature, but presidential election looms

27 April 2024
Hyundai Motor is responding to a slowdown in demand for electric vehicles by offering more hybrids.
Automobiles

Hyundai Motor Q1 profit falls as EV demand weakens

Automaker says it is responding to market trends with more hybrids

25 April 2024
Leadership in advanced memory chips helped SK Hynix log a profit of 2.9 trillion won ($2.1 billion) in the first quarter of 2024.
Semiconductors

SK Hynix returned to profit in Q1 on AI chip leadership

South Korean chipmaker to expand production capacity as demand expected to rise further

25 April 2024
Japanese Prime Minister Fumio Kishida, left, greets South Korean President Yoon Suk Yeol, as U.S. President Joe Biden looks on at the APEC summit in San Francisco in November 2023.
Japan-South Korea ties

U.S. official says Kishida and Yoon deserve Nobel Peace Prize

Kurt Campbell seeks to 'elevate and celebrate' Japan-South Korea rapprochement

25 April 2024
Shoppers select wares at a market in Seoul on January 4.  
Economy

South Korea GDP grows 1.3% in first quarter, beating estimates

Asia's fourth-largest economy picks up pace on construction and spending increases

25 April 2024
Hyundai Motor's Kona EV will come bundled with homes sold by Yamada Holdings. (Photo by Yuki Nakao)
Automobiles

Hyundais and houses: Japan electronics chain to sell EV-home bundles

Yamada Denki operator and South Korean automaker team up to draw more customers

25 April 2024
North Korean leader Kim Jong Un and Russia's President Vladimir Putin talk during a 2023 tour in Russia. (KCNA via Reuters)
N Korea at crossroads

North Korea leans on Russian ties to expand relations with Iran

Pyongyang officials visit Moscow-friendly nations in diplomatic blitz

25 April 2024
North Korean leader Kim Jong-un: South Korean police say Pyongyang is using "more elaborate and more varied methods" in hacks of South Korean defense contractors. (KCNA via Kyodo)
Defense

North Korean hackers target South's defense sector, police say

Investigators cite 'more elaborate, more varied methods' to steal technology

24 April 2024
Hollys opens its first Japanese store at the Namba Marui mall in Osaka on May 1. (Hollys Coffee)
Food & Beverage

South Korean cafe Hollys readies first Japanese outpost in Osaka

Chain looks to tap tourist rebound in test of overseas expansion push

24 April 2024
Samsung Electronics' newest ninth-generation 3D NAND memory will be found in data centers for AI applications. (Samsung Electronics)
Semiconductors

Samsung starts mass production of most advanced NAND memory

286-layer product boosts data storage capacity by 50%, aiding AI

23 April 2024
South Korean and U.S. fighter jets take part in the Korea Flying Training combined air exercise. (U.S. Air Force)
Defense

South Korea and U.S. hold largest combined air force drills

Exercises to bolster integration come as North Korea tests 'superlarge warhead'

23 April 2024
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Podcast: Tech Latest

Samsung workers threaten biggest ever union action

Tech Latest: Tune in to Nikkei Asia's podcast for the freshest updates on the tech sector

23 April 2024
Kia's hybrid Carnival minivan, released in November, earned praise for its power and fuel economy. (Kia)
Automobiles

Kia looks to double hybrid sales by 2028 amid EV headwinds

South Korean automaker plans $28bn in R&D to cover lost ground

23 April 2024
A member of the Chinese People's Liberation Army Navy stands guard on the Shijiazhuang, a guided-missile destroyer, as warships are opened for public viewing to mark the Navy's upcoming 75th anniversary in Qingdao on April 20. 
Defense

East Asia military spending up 6.2% as China tensions mount, report shows

Japan marks biggest rise since 1972; data comes amid rush of regional talks, drills

22 April 2024
Shares of chipmakers in Asia opened broadly weaker on April 22, as Nvidia's shares fell in the U.S. over the weekend on concerns that the artificial intelligence boom may be overdone.
Technology

Asian chip shares open lower on Nvidia drop and AI concerns

South Korean and Taiwanese suppliers among most affected by tech sell-off in West

22 April 2024
The South Korean won ranks among the region's worst-performing currencies.
Bonds

'Tremendous' currency pressure tests Asia bond investors

Korean debt sees biggest outflow in over a year as players 'lose patience' for Fed cut

22 April 2024
Asiana Airlines plans to increase seats on flights serving Japan in May. (Photo by Konosuke Urata)
Travel & Leisure

Japan-South Korea travelers help Incheon air traffic hit pre-COVID levels

Asiana and Korean Air boost service to Japan as foreign visitors surge

21 April 2024
Doctors protest against the government's medical policy near the presidential office in Seoul in February.
Politics

South Korea eases contentious medical school expansion

Universities allowed to halve new quotas as walkout puts government under pressure

20 April 2024
SK Hynix's announcement that it is partnering with TSMC comes as global chipmakers are racing to take advantage of the AI boom. (Nikkei montage/Source photos by AP)
Technology

SK Hynix partners with TSMC to develop advanced AI chips

Asian chipmakers aim to supply next-generation high-bandwidth memory for Nvidia

19 April 2024
From left, Japanese Finance Minister Shunichi Suzuki, U.S. Treasury Secretary Janet Yellen and South Korean Finance Minister Choi Sang-mok in Washington on April 17.
Currencies

U.S., Japan, South Korea finance chiefs share concern for weak yen, won

First trilateral meeting also addresses Pyongyang missile sales and supply chains

18 April 2024
Samsung Electronics workers hold a rally in Hwaseong, south of Seoul, on April 17 to demand better working conditions. (Photo by Kim Jaewon)
Semiconductors

Thousands of Samsung employees rally for better working conditions

Union steps up pressure on management but cautious about striking

17 April 2024
South Korean President Yoon Suk Yeol, right, presides over a Cabinet meeting at the presidential office in Seoul on April 16. 
Politics

South Korea's Yoon vows to listen to the public after election loss

Conservative president says he will govern with a 'more flexible mindset'

16 April 2024
Maritime police search for missing passengers from the Sewol ferry off the country's southern coast on April 16, 2014.
Society

South Korea remembers deadly Sewol ferry accident 10 years on

Families still seek change decade after hundreds perished in disaster-prone nation

16 April 2024
Samsung plans to build chipmaking facilities in central Texas that will produce the world's most advanced semiconductors. (Nikkei montage/Source photo by AP)
Semiconductors

Samsung ramps up U.S. chip investment to $45bn with $6.4bn grant

Third and final CHIPS act funding for advanced chips follows Intel and TSMC awards

15 April 2024
Indian Prime Minister Narendra Modi, center, wearing a saffron cap, on the election campaign trail near Delhi on April 6. He is aiming for a third-straight term as head of the world's biggest democracy.
Your Week in Asia

India votes, China GDP and Germany's Scholz meets Xi in Beijing

Your weekly lineup of Asia's biggest business and political events

14 April 2024